The underlying portfolio is composed of secured and unsecured NPL loans sold by Banca Agricola Popolare di Ragusa S.C.p.A. and serviced by Phoenix Asset Management.

This publication does not constitute a rating action.

This publication does not constitute a rating action.

The transaction is a securitisation of real estate and lease receivables related to two UK data centres managed by Vantage Data Centers.

Scope Ratings UK Limited (Scope) announces that the replenishment of the underlying CRE mortgage pool will not, in and of itself, result in a Rating Action or withdrawal of the current ratings of the notes issued by Shelby Real Estate Funding Limited.

Scope Ratings GmbH (Scope) announces that extending the revolving period and amending the transaction documents will not, by themselves, trigger a Rating Action or lead to the withdrawal of current ratings of FCT Bpifrance SME 2020-1 class A notes.

The underlying portfolio of secured and unsecured NPL loans was originated by Banco BPM banking group and is serviced by Prelios Credit Servicing S.p.A.

The EUR 302.9m underlying portfolio of solar and heat pump system loan receivables was originated to homeowners by Enpal B.V. and Enpal Heat GmbH.

This publication does not constitute a rating action.

This publication does not constitute a rating action.